I haven't been on the job market as a new PhD in (my god) nearly 20 years now, but at the time I was looking for work, having a PhD on my resume was the only reason I was able to snag interviews at Apple/Google/McKinsey/Bain/Twitter/etc. I never did anything related to my actual degree, but it certainly opened doors for me.

Times have changed, also, it might be related to the field.

Natural sciences such as biology or chemistry are different from physics or maths or engineering fields.